Latest opinions that Eli Talmor has shared on Finextra

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Eli Talmor

CEO

ID-Bound

Member since

23 Nov 2016

Location

Haifa

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Eli's opinions

Can we save DeFi from being Centralized?

DeFi - Addressing the Limitations of Traditional Finance. DeFi, or Decentralized Finance, aims to tackle several problems users face with traditional financial systems: Limited Access: Traditional finance often excludes people due to factors like geographical location, credit history, or minimum balance requirements. DeFi, built on blockchain techn...

03 July 2024 /regulation /identity Decentralized Finance (DeFi)

E-Commerce on social media and Fraud Prevention.

Introduction. Many people and businesses sell products through social media platforms. It's a common practice and can be quite successful. To get started, you'll typically need to create a business profile or page on the platform, showcase your products, engage with your audience, and set up a way for customers to make purchases, such as through a...

15 September 2023 /payments /crime E-commerce

$500 Billion Problem Seeking for a Solution.

Let me start with an innocent question: Is it expected that someone buys Airline Ticket for somebody else? Yes, it is standard practice for someone to buy an airline ticket for somebody else. People often purchase airline tickets as gifts for family members, friends, or colleagues traveling for various reasons, such as vacations, business trips, fa...

18 August 2023 /payments /crime Alternative Investments

Innovating in Escrow for Wholesale Payments- Keeping the Benefits while Eliminating Risks.

What are the benefits of using bank escrow services? Using bank escrow services can provide several benefits, including: Security: One of the primary benefits of using an escrow account is that it provides a secure means of completing transactions. The bank acts as a neutral third party, holding funds until all of the conditions of the transaction...

02 May 2023 /payments /wholesale Fintech innovation and startups

If You Are a CASP or Own Unhosted Crypto Wallet - You Should Read This!

Before we deep dive into the problem - let me introduce a few topics. About hosted crypto wallets A hosted wallet, also known as a custodial wallet, is a type of cryptocurrency wallet where the private keys of the wallet are managed by a third-party service provider, rather than being controlled directly by the wallet owner. When it comes to perfor...

25 April 2023 /regulation /crypto Blockchain in Banking and Financial Services

On Libra , regulation and financial- crime prevention.

On July 29 , 2019 Facebook has issued a warning in the investors report, that Libra digital currency may never see the light of day: In the risk factors section of the report, Facebook said it recognizes the significance of the pushback that’s come from lawmakers and regulators since the project was announced in June. “Libra has drawn significant...

02 August 2019 /security Blockchain Observations